Arizona AZ – DIGIT INFO

CFTC Secures Court Order Blocking Arizona Criminal Case Against Prediction Markets

DIGIT — Sat, 11 Apr 2026 02:30:14 +0000

Federal intervention is tightening control over U.S. prediction markets as courts back centralized oversight, escalating a clash between regulators and states over jurisdiction and enforcement boundaries. Key Takeaways: CFTC secured a restraining order blocking Arizona’s criminal case against regulated markets. Arizona relied on gambling statutes, a move CFTC argues conflicts with federal derivatives law. Selig […]

Go to Source

CFTC Seeks Injunction, Restraining Order as Arizona Applies State Criminal Laws to Prediction Markets

DIGIT — Thu, 09 Apr 2026 14:14:39 +0000

Federal regulators move to block state interference in prediction markets, escalating a high-stakes legal clash over jurisdiction as the CFTC pushes to assert exclusive authority and prevent fragmented oversight across multiple states. Key Takeaways: CFTC filed for injunction to stop Arizona from using state laws against federally regulated firms. Arizona actions heighten systemic risk concerns, […]

Go to Source

Arizona Challenges Kalshi’s Federal Status With Unlicensed Gambling Charges

DIGIT — Tue, 17 Mar 2026 19:18:50 +0000

Arizona prosecutors have filed charges against prediction market operator Kalshi, alleging the company ran an unlicensed gambling operation and accepted illegal election wagers within the state. Prediction Market Kalshi Charged in Arizona for Sports and Election Betting Arizona Attorney General Kris Mayes on March 17 filed a 20-count criminal information in Maricopa County Superior Court […]

Go to Source

Beyond Bitcoin: Arizona Bill Includes XRP and Digibyte in New Strategic Fund Proposal

DIGIT — Mon, 23 Feb 2026 18:30:30 +0000

The Arizona State Legislature has advanced a bill to create a digital assets strategic reserve fund, which would hold seized or surrendered cryptocurrencies such as bitcoin and XRP. Management and Investment Oversight The Arizona State Legislature recently advanced a bill to establish a Digital Assets Strategic Reserve (DASR) fund, notably naming XRP and BTC among […]

Go to Source

Scottsdale Home Invasion Linked to $66M Crypto Plot, Teens Arrested

DIGIT — Mon, 09 Feb 2026 07:15:32 +0000

Two teenagers were arrested after a violent home invasion in Scottsdale, Arizona, targeting $66 million in cryptocurrency. The Breach and Assault Two California teenagers are in custody following a violent home invasion targeting a massive cryptocurrency fortune, an incident police say was orchestrated by anonymous handlers via the encrypted messaging app Signal. Jackson Sullivan, 17, […]

Go to Source

Arizona Passes Law to Establish Bitcoin Reserve Fund

DIGIT — Fri, 09 May 2025 07:30:23 +0000

State Governor Katie Hobbs had previously vetoed a slightly different bill that would have allowed state entities to invest up to 10% of their funds in crypto. Arizona Joins New Hampshire with State Bitcoin Reserve Initiative Just a day after New Hampshire passed a law allowing the state to purchase bitcoin ( BTC) or any […]

Go to Source

Within 48 Hours, 2 US States Enact Strategic Bitcoin Reserve Legislation

DIGIT — Fri, 09 May 2025 00:30:06 +0000

Bitcoin surges into state-level finance as two U.S. states legalize strategic bitcoin reserves within 48 hours, signaling unstoppable bipartisan momentum and a new financial era. Bitcoin Breaks Through Politics: Two States Flip in 48 Hours With Explosive Moves Momentum behind strategic bitcoin reserves surged this week as two U.S. states enacted legislation within 48 hours […]

Go to Source

Arizona Crushes Game-Changing Bitcoin Bill—Labels Crypto ‘Untested’

DIGIT — Sat, 03 May 2025 23:30:40 +0000

Arizona’s chance to pioneer crypto-driven public finance was abruptly halted as the governor axed a game-changing bill that would’ve let state retirement funds buy bitcoin. Arizona Governor Kills Bitcoin Bill for Public Crypto Investment Arizona Governor Katie Hobbs vetoed Senate Bill 1025 on May 2, blocking a legislative proposal that would have allowed public funds—including […]

Go to Source